NOT LISTED FOR SALE

5430 Norway Grove School Rd de Forest, WI 53532

Estimated Value: $438,000 - $512,261

4 Beds
3 Baths
2,100 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $275,000 $131 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,923/month

Highlights

  • Balcony
  • Water Softener is Owned
  • Family Room
  • Eat-In Kitchen
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of August 2017

Own a piece of history out in the country! This 1916 all brick school house has been completely remodeled into a 2 unit. Large .85 acre lot has no homes nearby with lots of privacy. Both sides with 2 car garages, owners side basement can be finished off to generate same income as unit #2. Unit 1 has Hickory floors in living room with oak under bedrooms per seller. Tiled laundry room in basement, with half bath and large rec room on tenants side. New roof (1), water softener, and some windows. for 24 hour information or to speak with an agent, please call 800-837-1483, ext 2373

Last Agent to Sell the Property

Jo Ferraro

EXP Realty, LLC License #52802-90 Listed on: 05/31/2017

EXP Realty, LLC

Last Buyer's Agent

Jo Ferraro

EXP Realty, LLC License #52802-90 Listed on: 05/31/2017

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 1916

Lot Details

  • 0.85 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Family Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Pool Heated With Propane
  • Balcony

Schools

  • Call School District Elementary School
  • Deforest Middle School
  • Deforest High School

Utilities

  • Forced Air Heating System
  • Well
  • Water Softener is Owned

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0909-222-9820-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,786

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Municipality: Vienna
  • Status Detail: Sold
  • Mailing City: Deforest
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Items Excluded: Partial greenhouse frame in backyard, garage fridge, and w/d in unit 2 owned by tenant, propane tanks are rentals
  • Items Included: Washer/Dryer on owner side included, tenant side not.
  • Miscellaneous: Water Softener Owned
  • Noi Year: 999
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Propane
  • Heating Type: Forced air

Utilities

  • Water Waste: Well, Non-Municipal/Prvt dispos
  • Park Unit: 2 stall garage, Attached, 2 spaces, Opener inc

Schools

  • School District: DeForest
  • Elementary School: Call School District
  • Middle School: DeForest
  • High School: DeForest
  • Elementary School: Call School District
  • High School: DeForest
  • Middle School: DeForest
  • School District: DeForest

Lot Info

  • Estimated Aces: 0.848
  • Zoning: A1 (EX
  • Geo Subdivision: WI

Rental Info

  • Total Income: 24000

Tax Info

  • Land Assessment: 77400
  • Improvements: 118200
  • Total Assessment: 195600
  • Assessment year: 2016
  • Net Taxes: 3786
  • Tax Year: 2016
  • Assessor Parcel Number: 0909-222-9820-6

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Aug 28, 2017
Sold by
Owen Julie A
Bought by
Rabe Joey and Rabe Sallie
Seller's Agent
Jo Ferraro
EXP Realty, LLC
Buyer's Agent
Jo Ferraro
EXP Realty, LLC
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Current Estimated Value
$463,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,315
Avg. Annual Appreciation
6.60%
Original Mortgage
$270,019
Outstanding Balance
$223,018
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$240,297
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rabe Joey $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabe Joey $270,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2017 08/28/17 Sold $275,000 -5.1% $131 / Sq Ft
05/31/2017 05/31/17 For Sale $289,900 -- $138 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,683 $300,000 $90,200 $209,800
2023 $5,154 $300,000 $90,200 $209,800
2021 $4,997 $300,000 $90,200 $209,800
2020 $5,192 $300,000 $90,200 $209,800
2019 $4,725 $300,000 $90,200 $209,800
2018 $3,444 $205,800 $77,400 $128,400
2017 $3,349 $195,600 $77,400 $118,200
2016 $3,786 $195,600 $77,400 $118,200
2015 $3,782 $195,600 $77,400 $118,200
2014 $3,768 $195,600 $77,400 $118,200
2013 $4,013 $195,600 $77,400 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1805203

South Central Wisconsin Multiple Listing Service

APN: 0909-222-9820-6